MLB 2023 Winter Free Agent Spending By Team So Far- Who Is Yet to Spend a Dime?
It takes money to make money. And it also takes some dough to field a team that can win a championship. Therefore, how are things going financially in baseball? Which clubs are spending, and which still need to start opening their wallets as well as checkbooks. Let’s take a quick look at all of the MLB 2023 winter free agent spending by team so far.
Of course, there are other ways to build a successful and winning team. There’s trades (something we saw this offseason occur between the New York Yankees and San Diego Padres). Also, franchises often rely on their own farms and home grown talent. Nevertheless, even with those options, sometimes you just have to go ahead and pay for what you need.
Here is a list of all of MLB teams and how they are spending thus far, in order to compete during 2024.
Dodgers: $717M
Phillies: $172M
Diamondbacks: $122M
Giants: $113M
Royals: $105M
Cardinals: $99M
Reds: $87M
Tigers: $42.75M
Braves: $30M
Rangers: $26.5M
Mets: $18M
White Sox: $16.75M
Orioles: $13M
Astros: $12M
Brewers: $10.25M
Angels: $6.8M
Guardians: $4.75M
Nationals: $4.25M
Pirates: $3.2M
A’s: $1.5M
Rays: $1.1M
Red Sox: $1M
Blue Jays: $0
Cubs: $0
Mariners: $0
Marlins: $0
Padres: $0
Rockies: $0
Twins: $0
Yankees: $0
**These numbers are a reflection of anything that occurred by December 18, 2023.
MLB 2023 Winter Free Agent Spending By Team So Far- Who Is Yet to Spend a Dime?
Should fans worry if their team isn’t spending just yet? There are 7 teams still not paying up. However, it is early; spring training is a couple of months away. So then, there is time for some moves to be made.
Regarding this and MLB winter spending, ESPN’s Jeff Passan reports,
“By Kiley McDaniel’s contract projections, there are still around $2 billion worth of deals to come. Just because a team hasn’t spent yet doesn’t mean its winter is busted. (The Yankees, for example, traded for Juan Soto.)
But there are some very interesting teams that haven’t partaken in free agency. And if you take the full value of Shohei Ohtani’s deal with the Dodgers ($700 million) rather than its present-day value (~$460 million), he has accounted for 43.6% of all free agent spending by himself.”
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